Problem 11-3 Cost of Debt (LG11-3) Oberon, Inc.,

Problem 11-3 Cost of Debt (LG11-3)

Oberon, Inc., has a $15 million (face value) 12-year bond issue selling for 97 percent of par that pays an annual coupon of 8.10 percent.

What would be Oberon’s before-tax component cost of debt? (Round your answer to 2 decimal places.)

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  • deepakdohare333
    deepakdohare333
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    ****** *** *** * *** million ***** value) ******* **** ***** ******* *** 97 percent of *** that **** ** ****** ****** of 810 *******

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  • Mehathi
    Mehathi
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    **** is your ******

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